Effective Demand in a Sequence of Markets
在价格固定、市场顺序访问且存在随机配给的模型中定义消费者有效需求,并与Lower、Grossman、Benassy及Dreze的概念比较,还探讨交易成本的影响及最优访问顺序。
A consumer's effective demand is defined in a model where prices are fixed at nonclearing levels, where markets are visited sequentially, and where there is stochastic rationing. This concept of effective demand is compared to that proposed by Lower, Grossman and Benassy, and that proposed by Dreze. The influence of transaction costs on effective demand and the choice of an optimal order of visits to the markets are also dealt with.